Millington Financial Advisors LLC Decreases Stake in iShares MSCI USA Quality Factor ETF $QUAL

Millington Financial Advisors LLC lessened its holdings in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 32.4% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 14,827 shares of the company’s stock after selling 7,113 shares during the period. iShares MSCI USA Quality Factor ETF accounts for approximately 1.4% of Millington Financial Advisors LLC’s investment portfolio, making the stock its 21st biggest position. Millington Financial Advisors LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $2,860,000 as of its most recent SEC filing.

Other institutional investors have also bought and sold shares of the company. Keener Financial Planning LLC purchased a new stake in shares of iShares MSCI USA Quality Factor ETF in the second quarter valued at approximately $29,000. CoreFirst Bank & Trust acquired a new position in iShares MSCI USA Quality Factor ETF during the second quarter worth $33,000. First Horizon Corp purchased a new stake in iShares MSCI USA Quality Factor ETF in the 3rd quarter valued at $36,000. Phillips Financial Management LLC purchased a new stake in iShares MSCI USA Quality Factor ETF in the 3rd quarter valued at $39,000. Finally, CX Institutional increased its stake in shares of iShares MSCI USA Quality Factor ETF by 151.9% in the 2nd quarter. CX Institutional now owns 204 shares of the company’s stock worth $37,000 after acquiring an additional 123 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Stock Up 14.3%

BATS QUAL opened at $201.94 on Thursday. The business’s fifty day simple moving average is $198.89 and its 200-day simple moving average is $193.35. The firm has a market cap of $58.55 billion, a PE ratio of 25.59 and a beta of 1.05. iShares MSCI USA Quality Factor ETF has a 52 week low of $148.34 and a 52 week high of $187.26.

iShares MSCI USA Quality Factor ETF Profile

The iShares MSCI USA Quality Factor ETF (QUAL) is an exchange-traded fund that is based on the MSCI USA Sector Neutral Quality index. The fund tracks an index of US large- and mid-cap stocks, selected and weighted by high ROE, stable earnings growth and low debt\u002Fequity, relative to peers in each sector. QUAL was launched on Jul 18, 2013 and is managed by BlackRock.